- Gold Member
- Posts: 34
- Joined: Thu Sep 19, 2013 7:53 am
- Location: California, US
It's 1.5% rewards on all purchases, I don't know if any of your other cards do that. But even if they're all 1% on non-categories, the difference from 1.0 to 1.5 probably isn't anything to get excited about.
I don't know of any other special benefits to that card, so my instinct would be that if you have to ask, then you probably don't need it. If you're in need to juice your credit rating in the near term then maybe keep it open a while longer, but otherwise, might as well let it go and not have to keep track of it anymore.
Closed cards will still contribute to FICO scoring, but my understanding is that they count less than open cards do.
If you have any kids of appropriate age, maybe you could have them added as an authorized user and make them responsible for that card (you're still legally on the hook for it though, so keep an eye on it). That's all I can come up with.